Tuesday, October 25, 2005

shift?

Today was a hard day in the market. There are some trends that I was looking at that have "blipped." Specifically, I am talking about WMT and HPQ. Tomorrow will be an interesting day. I would expect the market to be up but if not, the market is very concerned with the consumer confidence index and the employment rate issues. I think much of HPQ's loss today was due to Lexmark's poor performance. My gut feel is that HPQ is taking business from Lexmark and HPQ will continue its turnaround. I will let the market decide that though.

No comments: